oil and gas | Egypt Oil & Gas - Part 4

El Molla Discusses Cooperation with Korean Ambassador

The Minister of Petroleum and Mineral Resources, Tarek El Molla, showcased the activities of the Korean companies working in implementing petroleum projects in Egypt with the new Korean Ambassador, Hong Jin-Wook, ...

Spirit Energy Extends North Sea Gas Field Life 

British oil and gas company, Spirit Energy, has renewed the life of the Southern North Sea gas field, York, extending the life expectancy by three additional years with an additional £13 million of investment.

Energean Amends Edison E&P Acquisition for $178 MM

Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.

Hungary Signs Deal to Purchase 4.2 bcm From Russia 

Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic metres (bcm) of gas from the period of October 2020 to October 2021.

EOG Launches New Mobile Application

Egypt Oil & Gas (EOG) has proudly launched its new mobile application, offering all the latest industry updates at your fingertips.

EOG Technical Committee Leads Through COVID-19

The Egypt Oil & Gas (EOG) Technical Committee held a virtual meeting on May 6 to discuss how to lead a business through a pandemic and commodity price crash. 

Sonatrach to Decrease Planned Investment by 50%

Algerian President Abdelmadjid Tebboune has demanded that state energy firm Sonatrach decrease their planned investment by 50% from $14 billion to $7 billion.

Wintershall Dea 2019 Results Show Strong Operational Performance

Europe’s leading independent gas and oil company, Wintershall Dea, has released the results for its fourth quarter and full year 2019 results that showed strong operational performance.

El Molla Makes New Appointments in Oil Sector

Minister of Petroleum and Mineral Resource, Tarek El Molla, has issued a movement of transfers for a number of assistants and managers of the general administrative affairs of the oil sector companies in his endea ...

Wintershall Dea Appoints New COO

Wintershall Dea has appointed Dawn Summers as the new Chief Operating Officer (COO) responsible for the Business Units in several countries including Egypt.

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